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Versatile Commercial/Mixed-Use Building For Sale
For Sale
$284,000

518 Hegeman Street, Schenectady, NY 12306

Two-story, 4,450± SF commercial building suitable for various uses.

Property Size4,450 SF
Lot Size0.11 Acres
Price / SF$63.82
Days on Market281

Property Features for 518 Hegeman Street

General Information

Standard status Active
Size 4,450 SF
Lot size 0.11 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $5,000

Amenities

Central air
Central Air Cooling
Natural Gas Heating
On Street
Shingle Roof

Building Details

Year Built 1965
Listing Agency: HANNA COMMERCIAL
Listed By: PHILIP SABATINO · License #10401299525
Source: Corcoran
Added: Nov 3, 2025 Changed: Aug 9 Last Checked: Jul 13 at 1:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HANNA COMMERCIAL

Investment Insights

Based on property information with market context.

This two-story commercial building offers 4,450± SF of space, providing flexibility for a variety of uses. The property features multiple offices, classrooms, open meeting areas, a full kitchen, and restrooms on each level. The layout is suited for daycare, educational, community, or faith-based programs, with ample room for group activities, administration, and storage. The adaptable floor plan also lends itself to office, studio, or small business use. Onsite parking is available, and the location provides easy access for staff and visitors. The building is clean, well-maintained, and ready for its next chapter. This versatile space is ready to accommodate your vision.

Key Highlights

  • Versatile 4,450± SF commercial/mixed‑use building suitable for various uses.
  • Move‑in ready condition in a well‑established neighborhood.
  • Adaptable floor plan ideal for daycare, educational, community, faith‑based programs, office, studio, or small business use.

Property Analytics

Current Use

Day care centers

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Bakery Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

365
Businesses Nearby
Under-served
Demand for This Use

Demographics for 12306, NY

26,935
Population
12,481
Households
2.2
Avg Household Size
42
Median Age
29%
College-Educated
94%
High-School Grad
43.9 sq mi
ZIP Area
614
Density / Sq Mi
$80,583
Median Household Income
$46,702
Median Earnings
$1,221
Median Rent
$212,700
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Day care center - Two-story, 4,450± SF commercial building suitable for various uses.
Where is this day care center located?
The property is located at 518 Hegeman Street Schenectady, NY.
What is the asking price?
The asking price for this property is $284,000.
What are key features of this property?
This property features: Versatile 4,450± SF commercial/mixed‑use building suitable for various uses.; Move‑in ready condition in a well‑established neighborhood.; Adaptable floor plan ideal for daycare, educational, community, faith‑based programs, office, studio, or small business use.
More about this property
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